Loans Help
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What to do if you miss a loan repayment
If you have a loan with Monzo, please reach out to us in the app. Here’s what we could do to help.
![Image of cash and coins](https://images.ctfassets.net/ro61k101ee59/2FgRe33hYadDS5b0Pti0oE/832fb64f273ab4530672e365ada848ed/_Blogpost__Loans-29.png?w=2500&q=75)
Loans for bad credit - find out how to improve your chances
Find out what a 'bad' credit score means and how you could try to improve it if you have one!
![How do loans work - image of money](https://images.ctfassets.net/ro61k101ee59/3aiGCbdQ18GsUTJFJMHHLI/75a1cdd637a4d8de9c80b6f67ca9d2ce/_Blogpost__Loans-31.png?w=2501&q=75)
How do loans work?
There are a few different types of loans, such as unsecured loans and secured loans, with several different uses. Here's how they work...💰
![What is an unsecured loan - image of house keys](https://images.ctfassets.net/ro61k101ee59/1Wp0gkdNlcesg5gnZWubUp/fd06253ba7546914eef5f071d59cf0d4/_Blogpost__Loans-19.png?w=2501&q=75)
Unsecured loans - what are they and how do they work?
When you get an unsecured loan, you borrow money from a bank or a lender and you agree to make regular payments until the loan has been paid in full. 💰
![Image of house keys - secured loan](https://images.ctfassets.net/ro61k101ee59/LMg4aj5x88ONPQ6YXvvbO/4c1ced6eb8663f7868e8b0b12c317bac/_Blogpost__Loans-20.png?w=2500&q=75)
What is a secured loan and how do you know if it's right for you?
A secured loan gets secured against one of your assets; typically your home or your car. We've put together some information to help you decide whether it's right for you! 💸
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Hire Purchase, PCP Finance, Or Loan: Which car finance option is best for you?
We've put together a short guide on the different car finance options and deals you might consider when buying a new car. 🚗
![Image of an umbrella - how to pay off a credit card](https://images.ctfassets.net/ro61k101ee59/4oCMDEeodBME1Rjt55LwN5/b6a94514831380d8fb7d1bb8f236ebda/_Blogpost__Loans-13.png?w=2500&q=75)
How do you pay off a credit card?
Paying off a credit card can seem daunting. Here are some top tips on how to pay off your credit card 💳